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. >> this is america's number one financial news program "on the money." >> here is a look at what is making news. a disappointing job's report for the month of july. the economy created 162,000 new jobbing for the month. that was below the expected 183,000. but it fell to 7.4% as fewer people looked for jobs. job growth was revised downward was well. record setting weekend for the marks. kicking off the month of august with a bank hitting new highs on thursday after comments by the fed earlier in the weekend. the s&p 500 closed above 1700 for the first time ever. those commenting after the open market committee wrapped up a two-day meeting and announced it would continue buying bonds and mortgage backed securities to help keep interest rates low. the fed used the afraid modest growth rather than moderate growth. that was a light and subttle downgrade. the first reading was released this week and it came in stronger than expected. expectations had been for an increase of nine tenths of a percent. the biggest drag was government spending. consumer spending was relatively strong. here is some of th
" begins right now. this is america's number one financial news program. "on the money," now, maria bartiromo. >> here is the news as we go into a new week maria bartiromo. anhalt to trading because of a software glitch. securities could not be priced and there was no response from the nasdaq officials before or during the cause of the halt. nasdaq defending their handling of the outage. >> we took the proper amount of time, to make sure that the testing was done, and the communication was so strong and we got it done and came back and came back successfully. it's not our job, nor will it be for us to go to the press, the public, while we are focused on the issue. >> nin spite of that, the nasda was up. and the dow broke the longest losing streak of the year. the markets continued to climb on friday. the federal reserves coach market committee released the minutes from july's meeting, and investors were hoping for clarity on when the fed was going to slow down the bond buying program rmp they were disappointed as the fed provided few clues on when that will happen. and home depot be
with actor and investor ashton kutcher. "on the money" begins right now. >> announcer: this is america's number one financial program. "on the money", now maria bar tir romo. >> here's what's making the news. president obama is pitching housing reform in phoenix. mr. obama called the winding down the government sponsored fannie mae and freddie mac which hold most of the mortgages in the united states. he called for a public role and increase in the public market. >> for too long those companies were allowed to make huge profits buying mortgages knowing that if their debts went bad, taxpayers would be left holding the bag. >> meanwhile, the markets broke a three-day slide on thursday catching their breath. it was the longest losing streak in more than a month. the market fell on friday. earnings season is winding down. disney beat analysts expectations. 21st century fox had its first earnings report since it was split from news corp. and it beat expectations as did aol and time warner. >>> a poor performance for small cars. half of the vehicles tested by the insurance institute for high
of consumers want today. "on the money" begins right now. >> this is america's number one financial news program. "on the money" now, maria bartiromo. >> what's making news as we head into a new week. a cool-down on wall street. all the major indices took a tumble suffering the worst one and two-day drops in two months on wednesday and thursday. that led to a fall in the price of treasuries. investors are preparing for the fed's eventual winding down of the bond-buying program. also driving up concern on the street, a key earnings disappointment from walmart. the nation's largest retailer, largest employer, citing weaker sales and cutting its outlook for the year letter bellwether cisco warned uncertain demand for technology products, that could to cut as many as 4,000 jobs, 5% of the workforce. it wasn't all bad. fewer u.s. workers are being laid off. the weekly count of initial claims for state unemployment benefits dropped to the lowest level since october of 2007. charges have been brought up in the jpmorgan chase london whale investigation. manhattan u.s. attorney has brought conspi
-- hair loss and what causes it. now, hair loss affects more than 70 million people in north america today-- 40 million men and 30 million women. that's a lot of people. some people try products that claim to regrow hair only to find out a few hundred dollars later that they didn't work. don't waste your money on unproven remedies. if you care about how you look and you want to get your hair back, take time to listen to world-renowned hair loss expert dr. jon gaffney, medical director of hair club, a board-certified plastic surgeon, and member of the american medical association. >> hair loss for both men and women is more common than you think. by the age of 50, half the adult population experiences hair loss. many of us in the medical community expect this trend to increase over time, in part due to such things as stress, poor nutrition, fad diets, and certain prescription medication. hair loss is different for men and women. male pattern hair loss is the most common hair loss for men, representing more than 90% of all male cases in north america. it occurs due to the chemical dihydrotes
corporate america to restructure, and if you think about it in the current environment, we've had massive amounts of cash build up on corporate balance sheet, companies are afraid to invest because of the public policy uncertainty. and these activist investors are forcing the issue with some of these companies. >> yeah. >> so they are a positive force for change in my view. >> i'm going to take the other side of that. icahn actually connects the raiders of the '80s, and he was a part of that to the activist investor of today. i think a lot of activist investors, and i put ackman and loeb in this category, really don't know and understand the operating businesses that they're going after. they think they do. they think they understand the balance sheet part of it, they don't understand the operating part of it. a lot of businesses activist investors go out of does not take brain surgery-level i.q. to figure out that businesses are hurting. it didn't take, like, oh, my god, jcpenney is having trouble for someone to come along and let the board and the investing community know that, nor does
largest overall brewing company in america. we'll see if customers take the bait. that will do it for us for today. thanks so much for joining me. next week the american dream. is it packed up in a moving truck? i'll tell you where it's headed. keep it right where we are "on the money." i'll see you next weekend. ápólo >> i'm sara gore and this is "open house." this week we're all about luxury living in the hamptons. we're taking you inside the annual hampton designer show house, plus george hirsch shares tips for creating the perfect space for outdoor entertaining. and first we're getting a private tour of award-winning designer marquette's estate. >> this bank of windows in the bedroom has such wonderful morning light that it just ininvites you to go outside. >> right now i'm coming to you from one of new york city' trendiest neighborhoods. nolita. this he went -- penthouse has views of the city from every year. over 4,000 square feet of indoor living space and an additional 4,000 square feet of outdoor terrace. you'll still get that resort style living here if you can't get to the
the money" begins right now. >>> this is america's number one financial news program, "on the money." now, maria bartiromo. >> here's a look what's making news as we head into a new week. abrupt halt to trade at the nasdaq on thursday. the entire exchange shut down for about three hours due to an unidentified software glitch. there's no word yet on exactly what caused the problem but securities could not be priced at all. and there was no response from nasdaq officials before and during the halt. on the cause of the problem. the next day, nasdaq omx ceo bob g guy feld defended the problem. >> we took the am of time, the testing was done. the communication was so strong, we got that communication done and we came back and came back successfully. so it's not our job nor will it be for us to go on the press, you know, to the press, to the public while we focus on the issue. >> in spite of that the nasdaq composite was up more than 1% on thursday. the dow had a good day as well, breaking the longest losing streak on the year, six days of losses. the markets continued to climb on friday. the f
Search Results 0 to 11 of about 12 (some duplicates have been removed)